November CSDO Digest

[Vega]

@krrisis

Being an ‘insider’ gives you another opportunity to share constructive feedback by having more direct access to all the things happening within Gitcoin, which can help you truly a difference, which might be useful, as you clearly feel we are not doing a great job. So, welcome!

I don’t think you understood my point here =>

@Vega

I don’t think my attending these calls will (and making me an insider too) will change any of my opinions. It’s much more scalable for insiders to start responding to the market than to convert all of the market to insiders.

So let me try again.

Trying to convert any critics into insiders is a fundamentally flawed way of operating a DAO.

There is a great Bankless podcast on this that just live-streamed yesterday. Here is a timestamped video explaining why. And here is a screenshot of that timestamped spot.

Let me again restate my core point: Trying to convert any critics into insiders is a fundamentally flawed way of operating a DAO.

I will now expand this into it’s reasoning: The more Gitcoin insiders 1. have “Material Non Public Information” and the more 2. Gitcoin insiders are making decisions with their agency on behalf of GTC holders, the more the risks accrue to the project.

Now that we’ve revisited this first principle, lets revisit my core objection above.

Gitcoin insiders commissioned …

@kylejensen

a report demonstrating that our budgets align with the market and are consistent across workstreams will help during next budgeting season.

Do you see now why it is deeply problematic that Gitcoin insiders are fixing their own salary analysis to justify it in budgeting season without consulting GTC holders about the parameters of this analysis? This is a centralization risk and you are creating misalignment between GTC holders (who have little context but have a vested interest in seeing the DAO perform) and insiders (who make contextual decisions on behalf of the DAO and want higher compensation from the DAO).

Here is a great tweet from @lefterisjp that makes this critical point: https://twitter.com/LefterisJP/status/1521758439348838400

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@krrisis

Being an ‘insider’ gives you another opportunity to share constructive feedback by having more direct access to all the things happening within Gitcoin, which can help you truly a difference, which might be useful, as you clearly feel we are not doing a great job. So, welcome!

With this foundation of knowledge, I will repeat my asks:

1. I don’t think my attending these calls will (and making me an insider too) will change any of my opinions. It’s much more scalable for insiders to start responding to the market than to convert all of the market to insiders. Please reconsider this way of operating
2. Please put the parameters of the salary analysis in front of GTC holders.